BING-JHEN HONG
If the U.S. maintains its AI chip restrictions on China, Huawei is poised to capitalize on its strong position in the world’s second-largest economy, Nvidia (NASDAQ:NVDA) CEO Jensen Huang told CNBC on Thursday.
“Our technology is a generation ahead of theirs,” Huang said, on the sidelines of the Viva Technology conference in Paris.
However, he warned that: “If the United States doesn’t want to partake, participate in China, Huawei has got China covered, and Huawei has got everybody else covered.”
The remark comes as Huawei CEO Ren Zhengfei earlier this week told the People’s Daily Newspaper of the governing Communist party that Huawei’s single chip is still behind the U.S. by a generation.
Wedbush Securities on Wednesday said that Nvidia’s (NASDAQ:NVDA) H20 GPUs coming back to China could be the next leg in the U.S.-China trade talks.
Nvidia (NASDAQ:NVDA) disclosed in April that the Trump administration notified it would need a license to export its H20 GPUs and related products to China.
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